SSC-R: Defund and Investigate SSCAAI

For the past two years many local and international alumni have not seen any transparent reporting from the members of the Board of Trustees of SSCAAI. Conspicuously absent are reports on any meetings, any budget, monthly revenue & expense reports supported by bank statements, audits which are all required by the Corporate By Laws of SSCAAI as approved by SEC in 1989. Demands for transparency by the membership have been met with opposition by the same Board of Trustees.

In addition, there are blatant election anomalies in last year’s and this January 19, 2013 election. Some members who wanted to participate in serving the association were disqualified to participate by the same BOT after being allowed to participate and win with overwhelmingly high votes which could well qualify them to serve in this 2013-2014 term.

The BOT has likewise secretly issued amendments not duly approved by the membership as dictated by the Laws of Incorporation by the Security & Exchange Commission.
Many alumni want to donate to the SSCAAI but hesitate to do so for the following reasons:

1.Lack of operational transparency to its paying members. 2.Negligent or possibly criminal impropriety regarding administration of alumni funds. 3.Blatant disregard for established by-laws of incorporation as required by the SEC. 4.Election anomalies, nepotism, and disenfranchising alumni.

The college is being deprived of the contributions from alumni whose motivation of pride and participation is being stifled by some self-serving members of the Board of Trustees thus compromising the integrity and future of the alumni membership.

We are asking you to temporarily stop funding SSCAAI derived from fees collected from graduating students until an investigation can be conducted and completed by an independent 3rd party auditor, fees to be taken from the yearly fund SSCAAI receives from SSCR. We're recommending that funds be temporarily placed in an escrow fund supervised by the college. There is already a formal communication with the Securities and Exchange Commission (SEC) to investigate and a SEC legal representative has already been assigned to the case. In addition:

1.A legal team on behalf of disenfranchised alumni is being formed to meet with the SEC.

2.Local and regional journalistic sources are being mobilized to aid in investigating SSCAAI in the event the issue needs to be escalated.

3.A petition to the Philippine Department of Education is in process in the event that the funding of SSCAAI continues.

"What type of graduates are we producing? When they come to the workforce, do they become part of this rotten system, or do they become conscientious workers contributing to the reshaping, changing of this culture and image of corruption?"

This was noted by the alumni as a refreshing call to action by a progressive president in steering the college toward its worthy evolution as a university.

We are appealing now to your sense of integrity and vision for a better university inclusive of its alumni association which should represent and model the best of SSC-R's values. We are appealing for you to take action and address this issue.